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>> reported a ceasefire but israel says there is no deal. but the democratic republic go cargo will remain in control of goma. clucks in >> order coming in of a ceasefire. hamas officials are saying a deal has been reached. >> israel and indeed to say the talks are ongoing. benjamin netanyahu has put in a call saying it's time to choose between peace and the sword. >> they are awaiting confirmation of a truce as they continue strikes ... and they continue rocket attacks. >> ceasefire talks at a crucial stage as negotiators continue to shuttle between israel and gaza. a delegation of arab league 04 ministers and other turkish counterparts meeting with hamas earlier in gaza. it's unclear if the visit was aimed of brokering a ceasefire or whether was a show of solidarity with hamas. egypt is at the center of international efforts to mediate a truce between israel and hamas. u.s. secretary general ban ki moon is lending his support. >> my message is clear. all sides must avoid fire. further escalating the situation will put the entire region at risk. >> our leaders, he traveled to
. this morning israel is agreeing to hold off on a ground offensive in to gaza. secretary of state hillary clinton heading into the region at this hour. she's going to be meting with leaders in israel, in egypt, in ramallah, that's going to start tomorrow. the israelis carrying out more than 80 air strikes overnight. 95 rockets back across the border. 38 palestinians killed in the last 24 hours. cnn has the conflict covered from all sides. christiane amanpour is live in jerusalem, arwa damon is on the ground in gaza city, richard plight again is in ashkelon in israel, jessica yellin is live in cambodia where secretary clinton has departed heading for the middle east. we begin with christiane. welcome. give us a sense of this new announcement from israel. how long do you think israel is waiting to silt on this halt before it would move forward with sending ground troops in? >> well, what was reported was that a senior government official in the loop close to the talks has confirmed to me this morning that after the latest intense round of conversations and meetings between prime minister ne
's quiet. let me ask you, though, about the leaflets that are dropped from the sky from israel to basically warn civilians in gaza as a heads-up. look, we are sending a missile you're way, here's where you need to go to stay safe. >> reporter: well, we have seen two different kinds of leaflets. one is sort of a generic stay away from anything affiliated or connected with hamas. and it's a message to the israeli defense forces. and it also says we are trying to only go after hamas and not the people of gaza. what we saw yesterday, however, were leaflets being dropped on the northern part of the gaza strip with very specific instructions for people to leave those areas, how to get out of those areas and take cover in areas of gaza city which are safer. so those leaflets really did spark something of a panic exodus by people from the northern areas of the gaza strip. they flocked on donkey carts, pickup trucks, whatever kind of transportation they could find to this area. and they were put up in schools, but the schools weren't ready. there was no preparations for them to come. so they have le
-- a cease-fire between israel and hamas is due to begin right now -- watching the gaza skyline. >> germany signals it will support a request for patriot missiles and their crews. >> they will need a win tonight. >> israel and hamas have agreed to a truce after just over a week of violence. it was due to come into effect just moments ago. >> that's right. the deal was announced in cairo by the egyptian foreign minister and the u.s. secretary of state. the truce calls for an immediate halt to the fighting and reportedly aims to work towards a longer-term solution as well. >> the latest escalation in violence began just over a week ago. since then, some 140 palestinians and five israelis have been killed in air strikes and rocket attacks. >> we will be trying to go live to cairo and also to gauze in a moment, but first, let's get back to evens earlier in it -- earlier in the day that threatens to derail the talks -- we will be trying to go live to cairo and also to gaza in a moment. >> panic on the streets of televisa. ambulances rushed to the scene of the explosion. -- panic on the streets o
bolder since the egyptian revolution and the attacks have been spilling over into neighboring israel. >> hundreds of tanks and heavy artillery demonstrating in northern sinai directly on the israeli border. the egyptian army looking on as it prepares for war. this is directed at militant islamists terrorizing the rump country. these are a testimony to the horror. dozens of police officers and soldiers have been executed here. the militants have left the church is in ruins and have spray-painted the message of the building, "allah akbar." >> there ruled the area here. they're working with a call qaeda and want total control of egypt. -- working with al qaeda. >> they come through the shady neighborhoods and they have arrested hundreds of suspects already. egypt's anti-terrorist units used to operate under former president mubarak and now have an ordered in buying morsi, a member of the muslim brotherhood. they are demanding the full force of sharia law. they want a truth theocracy without alcohol or christians. >> this government does not get anything right. we are not willing to coop
on to the streets to celebrate as cease fire ends eight days of deadly strikes between israel and hamas. we kick off three hours with the euro son flash services pmi, 5.7. a little weaker than consensus. lowest since july 2009. business expectations 48.6. manufacturing manufacturing pmi 46.2. composite pmi as a result 45.8, which is pretty him bang in line with the reuters poll. so service sectors worst since july 2009, decline in manufacturing eased a little bit more than expected in november. joining us, chief european economist. ricar ricardo, thanks for joining us. so still a negative territory. what does this point to in terms of the economic decline for the fourth quarter? >> i think it's in line with the idea that real sgchlt dp will decline by at least 0.2%, possibly 0.3%. it will give us a negative entry point in 2013 when i expect an average growth of minus 0.2%. so still moderately recession territory. >> the german flash composite pmi 47.9, services 48, manufacturing 46.8, is germany -- we just saw the 0.2% print. is girl aermany going to have a negative contract? >> i'm looking for a co
-fire intensifies, israel's foreign minister says he sought a long term arrangement arguing any discussion must begin with gaza agreeing to stop all fire into israel. are we going to see more of a premium put into global risk trades now, as well? >> the oil price is the real issue here and that is the factor that could make or break global growth. we've seen a fairly reasonable decline over the past you few months in response to the slower global growth story. if you start increasing the oil price because of tensions in the middle east, and the moves we've seen so far are not substantial, but if we start getting towards $95, $100 a barrel, that starts to put even more economic headwind in you like in the way of the world and that would be a very bad thing. i think it's likely to remain a relatively localized conflict. the risk is if it broadens out further, we still have the issue of iran and what would happen there. something happening there could see the oil price spike to 140, 150. >> i hear what you're saying it potentially remaining ale loized issue in israel, but at the same time, i was s
to broke aerodeal between israel and hamas. strikes on gaza and rocket attacks into israel continue. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> all right, we're into hump day, the day before thanksgiving, of course, as well. on today's show, we'll have updates from athens and brussels as the eurozone ministers fail to ruse a deal for greece. air strikes and rocket fire continue in the gaza strip in tel aviv, as hillary clinton urges both sides to diffuse violence. we'll have the latest live from zree israeli. we'll also take the pulse of the polish country. analysts from warsaw 40 minutes from now. >>> we'll be in providence, rhode island, to preview travel ahead of the thanksgiving holiday with the head of operations at peter pan bus lines. >>> but first, after nearly 12 hours of talks, eurozone finance ministers have failed in their quest to agree conditions that would have allowed the next chance of bailout cash going to greece. what's next? what's gone wrong? we'll be joined by jules in athens in a few minutes. but let's start off with
the elections in january. many political observers are expecting him to change political parties. >> israel has taken a step towards expanding its missile defense. existing systems down. hundreds of hamas rockets during the recent violence and now they have successfully tested a new weapon against medium-range domiciles. israel hopes will be ready by 2014. -- medium-range missiles. thousands of angry workers in bangladesh have been protesting after ianother fire after the worst ever factory blaze. >> eclipsed the focus on note the working conditions. have forced the closure of the other factories and lay the area. to many of those responsible, they want them to be punished. >> firefighters could not contain this blaze, so the workers pitched in to help. together, they managed to put out the fire. it was the second factory fire outside of the capital in days. this time, no one was killed only a few people were injured. but employees are angry at what they say is a complete lack of fire safety of the workplace. >> there are fire extinguishers but they do not work. they are really for show. the wa
meets in israel with netanyahu to try to see what she can do to get the cease fire in order. because this is day seven now of this conflict where it continues. overnight the israeli defense force targeted 100 different attacks within gaza by air and sea, targets they said were necessary to stop the flow of missiles and rockets out of gaza, underground bunkers, store am depots and even financial institutions for hamas. this morning militants within gaza responded with volleys of rocket there is to israel -- into southern israel in response to the overnight attacks. so there's a growing call for this cease fire particularly over 100 people killed within gaza now. 26 of those are children. so nearly a quarter killed has been children which is growing to the call of a necessary cease fire to figure out how these two sides can come to terms to stop this violence for now. >> okay on. thanks very much, chapman. shareholders of glencore have approved the deal with ex-trxst. we'll get more on that. but right now let's get the global markets report in singapore. >> composite slipped to a seven
calling for united nations members to consider the embargo illegal. only the u.s., israel, and an island state voted against. >> rome has been put on alert as the flooding has now reached the country's capital. >> meanwhile, people are beginning to clean up. the extent of the damage from the record flooding is becoming apparent. >> there was no rain on wednesday in central italy, but that was a small consolation to those affected by damage from the flooding. some areas in the region have not seen flooding is bad for 200 years. but back then, the river valleys were not built up. >> i have never seen anything like it. completely unexpected. it is breaking us. >> the regional governor of tuscany has blamed climate change for the catastrophe and said the flooding could get worse in the future. farmers are worried that crops could fail. the tiber valley has been particularly hard hit. >> i have suffered huge damage. the feed for my livestock has been destroyed, as has my harvest. even my garden got washed away. >> cleanup operations are under way. three people died here in their car when a br
. they approached the border with israel and it imposes a 1,000 foot buffer zone. but part of the cease fire deal was that after 24 hour, israel would loosen up some of the restrictions on its border, as well as some of its crossings. it seems as if this was a testing of the stipulation and what happened was a gun battle there on the border. already on on both sides, whether gaza or israel, there is not a lot of faith that the cease fire is going to hold. here in this country especially in the south, there was can it is investigation that the deal w distress that the deal was made in the first place. on the gaza side, there was a celebration what they're calling a victory in this conflict. >> stephanie, thank you for that. still to come, draghi is due to speak at the conference in frankfurt. when we come back, we'll hope that he'll be speaking. s if . >>> surprise increase in business sentiment in germany quells fears over a crisis. euro climbs just a little bit after the data. the latest draft proposal falls short of demands for spending cuts would i geby germany and b. and while an agreement in
to follow the latest developments out of the middle east. israel and hamas exchanging more fire. the defense forces claiming to have targeted 100 gaza sites. the u.s. secretary of state hillary clinton is on her way to the middle east for talks with officials in a bid to try to end the deadly crisis. we've been watching oil prices, as well. and after sharp gains yesterday, you can see oil prices pulling back about 27 cents, still just about $89 for wti crude. we will have a live report from our nbc colleagues on the ground in the middle east coming up in the next half hour. >>> let's talk about some of the main market events of the morning. actually today fed chairman ben bernanke's speech at the economics sclub of new york is coming up at 12:15 eastern time. traders will be listening no any comments on the central bank's operation twist program and discussions about changing how the fed communicates about interest rates. operation twist expires next month. and there is some speculation the fed will continue making asset purchases by expanding the size of its $40 billion a month quantitate o
and we have geopolitics and israel saying they won't take direct hits from syria. that is something that the market has been watching very closely as well. the big story that has long-term ramifications for the u.s. oil industry and for the global energy trade is definitely the report today from the international energy agency where they said that they believe that the u.s. will become the top oil producer in the world by 2020. overtaking saudi arabia. overtaking russia and the fact that u.s. will be self-sufficient by 2035. this is a huge sea change in the debate that we've been hearing about the dependence on foreign oil, about green energy and the fact that we're looking at this share revolution is having an impact not only on oil markets but natural gas markets here in the u.s. and international energy agency highlighting this in their report. back to you. >> thank you very much. shares of disney getting an upgrade after getting battered last week. citi upgrading from buy to neutral. they are saying that lucas films acquisition will weigh short terms on profits but it paves the
're looking at oil prices that are lower. the truce is holding between israel and hamas and that's something that's perhaps putting some pressure on prices. the cease-fire holding and the fact that we are looking at some weakness here in the euro and traders continue to eye what is happening there in the eurozone over the greek debt deal. we're also watching of course the protest that erupted over a three-day period in egypt and that could lend some support to the oil price going forward. we are watching metals market which is somewhat lower here. gold prices after the significant rally on friday seem to be in this range between 17.46 and 17.55. we're looking at copper prices and there's a lot ahead for this market to watch namely what's happening in china and pmi data coming out later in the week. the big story in commodities definitely the slide that we're seeing in natural gas down about 4%. warmer temperatures ahead for the month of december. that is what's pressuring the nat gas market. back to you, david. >> now i want to resist a story we brought to you on friday and it continues. not
Search Results 0 to 19 of about 20 (some duplicates have been removed)